Federal buyouts shrink Georges Bank fleet amid fishery reform
Harriet Didriksen of Mattapoisett recalls selling a trawler to the government as buyouts remove boats. The plan also closes much of Georges Bank east of Cape Cod, limits fishing days, and raises net mesh, aiming to restore cod stocks over four to five years with global subsidies and aquaculture seen as long term help. Conservationists warn against rushing lifts while economists and FAO experts cite overcapacity, rising prices, and potential declines in future catches without tighter management.
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Harriet Didriksen
Didriksen
Mattapoisett
Mass
Georges Bank
Cape Cod
National Marine Fisheries Service
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